Financials · Mega Cap Finance
GS Implied Volatility, IV Rank & Options Chain
Goldman Sachs Group Inc. (GS) options data: IV rank, options chain, GEX and Greeks. Comprehensive options market data for Goldman Sachs Group Inc.
Visitors can open the Terminal on AAPL. GS itself opens with the 7-day free trial, offered inside the Terminal.
ApexVol Terminal
Options analytics, live.
Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.
Free on AAPL, no account. Trial: no charge if you cancel before it ends.
On this page
GS options trade with implied volatility typically in the 18% - 65% range, averaging 80K+ contracts in daily volume with very good liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.
GS implied volatility
As of 2026-10-26As of 2026-10-26, GS's 30-day implied volatility is 31.8%, placing its 1-year IV percentile at 59.0 — above 59.0% of the past year's daily IV readings, a middle range, neutral between selling and buying premium.
GS live chain, Greeks and GEX
TerminalEvery figure above is reference data. The live GS chain, its Greeks, the gamma profile and the flow tape update through the session inside the Terminal.
GS options at a glance
- Daily volume
- 80K+ contracts
- IV range
- 18% - 65%
- Bid-ask spread
- $0.05 - $0.15 ATM
- Expirations
- Weekly, monthly, LEAPS
- Open interest
- 800K+ contracts
- Next earnings
- See earnings calendar
About Goldman Sachs Group Inc. (GS)
Goldman Sachs is a leading global investment bank and financial services company. Known as the most prestigious firm on Wall Street, Goldman provides investment banking, securities, investment management, and consumer banking services to corporations, institutions, and high-net-worth individuals.
Company profile
- Sector
- Financials
- Industry
- Investment Banking
- Market cap
- $150B+
- Exchange
- NYSE
Key dates
- Next earnings
- See earnings calendar
- Earnings frequency
- Quarterly
- Dividend schedule
- Quarterly
- Fiscal year end
- December
Goldman Sachs is the benchmark for investment banking. Its trading revenues, deal activity, and market commentary are closely watched as indicators of Wall Street health and M&A activity.
ApexVol Terminal
Options analytics, live.
Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.
- Live chains and Greeks
- IV rank and percentile
- Expected move and GEX
- Screener and strategy P&L
Free on AAPL, no account. Trial: no charge if you cancel before it ends.
GS options market overview
GS options offer exposure to investment banking and trading revenue cycles. Volume is moderate but institutional participation is high.
- Average daily volume
- 80K+ contracts
- Total open interest
- 800K+ contracts
- Put/call ratio
- 0.55 - 0.80 typical
- Typical ATM spread
- $0.05 - $0.15 ATM
- Weekly options
- Available
- LEAPS available
- Yes
Liquidity assessment: Very Good
GS options have solid liquidity though spreads are wider than JPM due to higher stock price. Institutional flow dominates.
GS implied volatility and IV rank
GS implied volatility reflects investment banking cyclicality and market risk exposure. IV increases during M&A droughts and trading volatility spikes.
Earnings impact
IV builds before quarterly reports. Investment banking and trading revenue variability creates earnings uncertainty.
The move options are pricing for the next report, and how the last 12 went: GS earnings expected move.
The post-earnings volatility drop is known as IV crush. Holders of short GS options should also understand early assignment risk around dividends and expiration.
Historical volatility vs IV
IV typically runs slightly above HV. Premium expands during deal flow uncertainty.
Term structure
Usually contango. Can flatten during market stress as near-term uncertainty rises.
The smile, the term structure and the cone for GS, on today's chain.
Open GS in IV IntelligenceGS gamma exposure (GEX)
Gamma Exposure analysis for GS shows institutional hedging around major price levels.
- Typical GEX profile. GS gamma is typically balanced with institutional hedging at round strikes.
- Key levels. $50 strike intervals attract significant open interest. ATM strikes see concentrated positioning.
- Dealer hedging. Dealer hedging flows are moderate and orderly given institutional client base.
Where the gamma sits on GS right now, strike by strike.
See live GS GEXCommon GS options strategies
These are strategies commonly used by traders on GS options, based on typical market characteristics. This is not investment advice.
Key considerations for GS options
- GS revenue is highly cyclical - M&A activity drives investment banking fees
- Trading revenue can swing significantly quarter to quarter
- Consumer banking (Marcus) has been volatile and is being restructured
- IPO market activity significantly impacts underwriting revenues
- Compensation expenses are high and somewhat fixed, creating operating leverage
- Goldman is seen as a barometer for Wall Street health
GS key events
Earnings months. January, April, July, October
- Fed Interest Rate Decisions
- IPO/M&A Market Activity
- Bank Stress Tests
- Investor Day
GS options data by API, or in Claude
Every number on this page is one request away. The implied volatility API returns GS's IV rank and percentile, the gamma exposure API its dealer positioning by strike, and the chain API every strike with Greeks. Connected to the ApexVol MCP server, Claude, Cursor or ChatGPT can ask for them in plain English.
curl -H "Authorization: Bearer avmcp_YOUR_TOKEN" \
"https://apexvol.com/api/mcp/data/iv-rank/GS"What is GS's IV rank right now, and where is its gamma flip?
Claude calls get_iv_rank and get_gexTry GEX on GS in the console, more prompts for GS, or set the server up in Claude Desktop, Claude Code, Cursor or ChatGPT.
- Written by
- ApexVol Research Team
Quantitative options research. All calculations use live institutional-grade data — the same source professional volatility desks use. - Reviewed by
- Ryan Silk, ApexVol Founder
Reviewed for technical accuracy. 10+ years trading options; built ApexVol's pricing engine, Greeks model and IV-rank methodology.
Revised as market conditions and institutional data change. Last revised 2026-10-26. How we research →
Track this name's volatility weekly. The week's biggest IV movers and the expected earnings moves, straight from the data.
No account needed. Unsubscribe any time.
Questions
Frequently asked
about GS options.
How liquid are GS options?
GS options have very good liquidity with average daily volume exceeding 80,000 contracts. Spreads are wider than some peers due to the higher stock price.
What is GS's typical implied volatility?
GS implied volatility typically ranges from 18% to 65%. Normal conditions see IV between 25-38%, with increases during earnings and market stress.
How does M&A activity affect GS options?
M&A activity is a key revenue driver for Goldman. Active deal markets boost the stock while M&A droughts pressure earnings expectations and volatility.
When does GS report earnings?
GS reports quarterly in January, April, July, and October, typically early in earnings season alongside other major banks.
Why are GS options spreads wider?
GS stock price (~$400+) is higher than many peers, resulting in wider dollar spreads. Percentage spreads are comparable to other liquid financials.
What is the best time to trade GS options?
The most liquid trading hours for GS options are typically during regular market hours (9:30 AM - 4:00 PM ET), with highest volume around market open and close.
How do I calculate GS option Greeks?
Use our free Options Calculator or Greeks Heatmap tool to calculate delta, gamma, theta, vega and other Greeks for GS options across all strikes and expirations.
What happens to GS options at expiration?
In-the-money GS options are typically auto-exercised at expiration. Out-of-the-money options expire worthless. Consider closing positions before expiration to avoid assignment risk.
What is GS's gamma exposure (GEX)?
Gamma exposure (GEX) measures how options dealers' hedging of their net gamma position can influence GS's intraday price action. GS gamma is typically balanced with institutional hedging at round strikes. Dealer hedging flows are moderate and orderly given institutional client base. Positive GEX tends to dampen volatility and create mean-reverting moves, while negative GEX can amplify swings. View live GS GEX levels and the gamma-flip point on ApexVol.
What is GS's IV rank?
GS's IV rank shows where GS's current implied volatility sits within its trailing 1-year range, scored 0–100. A reading near 100 means IV is near its yearly high — options are relatively expensive, which favors premium-selling strategies like credit spreads and iron condors. A reading near 0 means IV is near its yearly low, favoring premium-buying. GS implied volatility typically ranges from 18% - 65%. Check GS's live IV rank and percentile on ApexVol's IV analytics.
Keep reading
Where GS
gets priced.
GS analytics
Run it, do not just read it
Related tickers
Reference data reads well.
Live data trades better.
Everything on this page is the shape of GS options. The Terminal shows you today's chain, its Greeks, the gamma profile and the flow tape as they move. Try the Terminal on AAPL without an account.
Real market data, not a sandbox. See it live on AAPL.